News Archives - Page 7 of 51 - EzyLearn Pty Ltd

Posted on April 3, 2023April 4, 2023 by Steve Slisar

The first moment Credit Risk happens

Credit risk is the probability of not getting paid, simple. Some business owners think that just having some special clauses in their terms of trade is all they need to do but there’s more involved.

When you offer anyone credit you are entering into a whole separate debt agreement. It’s no longer just providing goods and services and the warranties which come with that. When you offer credit (to anyone, even friends) there is an expectation that the borrower will repay the loan in good faith – in other words as quickly as possible. But many things can get in the way and the credit component of the transaction can get awkward.

Posted on March 30, 2023October 24, 2023 by Steve Slisar — 1 Comment

What does voluntary administration look like?

Mentor Education ASIC notification of Voluntary Administration and Creditors Meeting - will students be notified

I wrote earlier this week about Mentor Educations fate under the hands of an administrator and it all comes down to Credit Management. The “business for sale ad” touts that they earned $5M in revenue but they appear to have a cashflow management issue. Should someone have completed EzyLearn’s Credit Management Course?

This is quite a serious matter for existing students and it is a good case study example about important steps that every business needs to take if they are giving credit. It appears that one or more of Mentor Education’s creditors did have good credit management procedures in place..

Posted on March 28, 2023March 29, 2023 by Steve Slisar — 5 Comments

Mentor appears to be going broke

Mentor Education is going broke and is for sale at Seek Business

I received an unusual email this last week about a competitor that is under administration and for sale. The receivers wanted to know if we were interested in buying the business but we’d have to pay $5,000 (refundable) to take a look at the state of their accounts and financial affairs. The strange thing is that they emailed our entire support team to share the news!!!

Mentor Education partnered with The Career Academy a couple years ago and then started advertising very heavily along with a couple other “partners” of this company. I’m not sure if these partners are aware that Daniel Hunt and The Career Academy were convicted by the New Zealand equivalent of ASQA for misleading advertising regarding accredited training…

Posted on March 26, 2023March 27, 2023 by Steve Slisar

Seen the new cheap accounting software on Facebook? FREE for 6 months, is it okke?

OKKE FREE accounting software for 6 months no online training required vs Xero - Website Image - EzyLearn

Am I a bookkeeping nerd or is everyone else also seeing these “financial” advertisements for tax lodgement, easy bookkeeping and 6 month FREE access to accounting software?

It’s interesting to see a new accounting software company appear in Australia despite the fact that many have come and gone in the past – particularly during this market downturn for technology shares! Their offer is pretty compelling though..

Posted on March 20, 2023March 20, 2023 by Steve Slisar

Deputy, KeyPay, Square Teams, QuickBooks Time Training Course NOW Available

Square-Team-Staff-Rostering-Scheduling-Workforce-Management-Software-Training-Courses-Smartphone-apps-EzyLearn

These are the market leading workforce management integrations for rostering, scheduling and time and attendance monitoring. Deputy was one of the first but the major accounting software companies are now snapping them up.

The most interesting story here has been KeyPay. I’ve loved the fact that Intuit partnered with the Australian company KeyPay to provide all of the local Australian payroll functionality in their QuickBooks Online software. Tsheets would also have been in this list but you know what happened to them..

Posted on March 18, 2023July 23, 2023 by Steve Slisar — 1 Comment

FREE Courses for Job Seekers who enrol into MYOB, Xero and Excel Complete

If you have enrolled into a course with EzyLearn be sure to check out these FREE student inclusions.

We’re creating and updating our online courses every month and we’re listening to feedback from students to understand what they need. We’re even paying EzyLearn graduates for their expertise in the work they do. If you want to see how you can earn money using your expertise check out the LIFELONG Learning Hub in the Learning Site or reach out to our support team.

Posted on March 14, 2023March 14, 2023 by Steve Slisar

Xero Sacks 800 Staff, Highlights Hiring International Workers & Improves Button

Average-wage-for-staff-accountant-in-India-is-equivalent-to-under-6000-AUD-per-year-Challenges-for-Australian-Bookkeepers-using-Xero-Software-EzyLearn

It certainly is an interesting time we’re going through financially. Most of us (around the world) are hurting because of higher costs and as a result the RBA increases interest rates so we focus on paying down our debts rather than consuming more things. Some people I’ve been speaking with are predicting even worse times ahead and the recent sacking of staff from Xero and Atlassian show the global trend is affecting Australia.

After hearing about the recent sackings at Xero it was interesting to see what else was going on at Xero. The two things that stood out the most to me was an improved Approval button for invoicing (and that there are now two versions of invoicing) and how Dinesh Aggarwal from Fortuna Advisory is finding it harder to hire local staff so he’s outsourcing.

Posted on March 1, 2023March 3, 2023 by Steve Slisar — 2 Comments

How can Elon make money with Twitter?

Business Today Article about Elon Musk firing Twitter staff - will Twitter become a payment service like PayPal for Xero Integration - EzyLearn

I’ve been on Twitter since March 2009 but I don’t use it as much as I could have, how about you? Lately we’ve been Tweeting about recent enrolments and graduates who have received their certificates because it is a great digital marketing tool to get short messages published. If you go to our website you’ll notice that these Tweets appear in a rotating banner at the top of the page.

Twitter is going through a massive transformation under Elon Musk and whether you like it or not you’ll find that Elon will achieve his goals for the software company. The reason is simple – he is constantly “iterating” and testing and measuring to see what works and what doesn’t work.

What I think will become the most fascinating aspect of Twitter is when it starts becoming a peer to peer payment platform.

Posted on February 20, 2023February 20, 2023 by Steve Slisar

Reduce Debt, Cut Expenses, Up-Skill, Increase Income

EzyLearn Online Accounting, Office Admin & Digital Marketing Tutor

Are these the words going through your head right now? Probably the topic of lots of conversations too with all these interest rate rises we’ve been having.

One of our students got help from a debt negotiator and they do an effective job but they have to make money for the work they do. One of the biggest is called MyBudget. You can achieve a similar outcome yourself with some good spreadsheet skills and the courage to sit down and work out all your financial affairs you can do it yourself. There’s even an official government website that has a lot of free tools.

Posted on February 14, 2023February 14, 2023 by Steve Slisar — 1 Comment

Payroll Training Courses have been updated again – STP Phase 2 updates

11 STP 2 Portal Step 2 - updated Xero Payroll Training Course - cropped

It’s been an interesting year for employers as they grapple with the changes to Single Touch Payroll. Even the major software companies (Xero springs to mind) have taken longer than expected to implement changes.

I was speaking with a cafe/restaurant owner in the Central Coast recently who was trying to implement Deputy (for staff roster and scheduling) with Xero and was having trouble with the STP Phase 2 component. She mentioned that the issue appeared to be with Deputy but I did some research using ChatGPT and this is what the Artificial Intelligence software told me!

Posted on February 12, 2023February 12, 2023 by Steve Slisar

Who Really Needs Phone Support These Days?

Who wants to wait for phone support for myob and xero course frustrated by waiting on the phone, lady sml

When I first took EzyLearn online in 2007 I was concerned at how much phone support students would need. What I learnt was the better the user experience and course design for our students the less calls we’d get.

Our team have been exploring ways of bringing the cost of our courses down even further in this tough economic environment and one of the biggest cost savings is to focus on SMS, Email and Website Chat support.

We have a number of graduates who are available as tutors and perhaps this could be an option, what do you think?

Posted on February 6, 2023September 26, 2024 by Steve Slisar — 1 Comment

Micro Courses in Excel, Xero and MYOB or BUNDLES, COMPLETE Courses and COMBOS

Micro Courses and Stackable Micro Credential by EzyLearn

One of the disciplines I’ve tried to focus on when created online courses in bookkeeping and office admin is to keep the courses short and manageable. When we operated our Sydney training centres we tried to keep class times between 2.5-3 hours because most students can’t concentrate for a whole day.

For the MYOB & Xero Bookkeeping Courses this means that students can enrol into short courses, which are now commonly referred to as Micro Courses that cover very specific skills. We’ve recently changed how we show this information using our Learning Orbs.

Posted on January 30, 2023February 4, 2023 by Steve Slisar

Will AI (Artificial Intelligence) Replace Bookkeeping Jobs?

Gautam Adani impressed by ChatGPT from OpenAI - will AI replace bookkeeping jobs though - EzyLearn Xero training courses feature

Everyone is talking about artificial intelligence since OpenAI introduced their “experimental” ChatGPT service and I can see why!

Gautam Adani is the 3rd wealthiest person in the world (correction! his value has fallen a LOT in the last week since publishing this post) and he has made recent claims about how ground breaking it is. Here are just some ways that Artificial Intelligence will help bookkeepers..

Posted on January 16, 2023January 16, 2023 by Steve Slisar

We’ve just finished some of the “tasks” in our “sprint” to update the Xero Payroll Training Course for STP Phase 2

STP-Phase-2-Xero-Payroll Training Course

Did your eyes glaze over with my last blog post about Huddles and Sprints!? It gets easier to understand with each read and is easy to relate to when you compared it to getting tasks done around the home!

Online Accounting software like Xero goes through a continuous update process because they are regularly adding new features that compete against QuickBooks Online and MYOB, but also because the software needs to keep pace with changes in regulation.

That is why we offer our Updates and Additions Service.

There have been regular changes to Single Touch Payroll and that means that Xero have gone through several STP 2 changes too. In this latest case Xero have changed their Payroll screens to adapt to the changing requirements of the ATO with regard to Single Touch Payroll (STP).

You can enrol into our Payroll training courses separately here or see everything that is included in our Xero COMPLETE training course package here.

See our other updates regarding Single Touch Payroll

Posted on January 11, 2023January 11, 2023 by Steve Slisar — 1 Comment

Deep Dives, Huddles, Sprints & MYOB & Xero Training Course Resources

Project plans and gantt chart templates in Microsoft Excel 2016 training courses online

These are terms that I definitely have not grown up with but they describe what goes on in most modern workplaces, particularly when you are collaborating as part of a team.

These terms are usually associated with projects that are created in an agile development system and at EzyLearn they relate to our regular training course updates and additions as well as our digital marketing campaigns. Here’s some of the modern day terminology and how it relates to our training course development.

Posted on January 6, 2023January 9, 2023 by Steve Slisar

Straighten Up and Fly Right

Straigten up and fly right by Robbie Williams at the Royal Albert Hall - 2023 New Years Resolutions - Learn Bookkeeping skills with EzyLearn

I hope you enjoyed your New Years Eve and that you are still on track for your New Years resolution (if you like to make one). I had a bigger NYE experience than I anticipated and one of the most interesting comments that someone made to me was their New Years resolution – to Straighten Up and Fly Right.

It got me thinking about how complex our lives are these days and how many things we now have around us that distract us from what is important.

Category: News